Roger Bootle

City pay is no side issue: it’s an affront to society

Roger Bootle says it’s wrong to argue that bankers’ bonuses are the price we have to pay for economic success

issue 07 November 2009

Roger Bootle says it’s wrong to argue that bankers’ bonuses are the price we have to pay for economic success

The smart thing to say — indeed, Allister Heath said it in last week’s issue — about bankers’ pay is that it doesn’t really matter: it’s a distraction from more serious concerns about regulation or the structure of the financial system.

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